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Simple and detailed explanations of common property terms.

Buying from abroad

NRE / NRO / FCNR accounts

In everyday language

These are different banking accounts used by non-residents. Ask your bank which account and payment route fit your transaction.

A useful question to ask

Has my authorised dealer bank confirmed the payment and eventual remittance route?

Authoritative starting pointRBI · Property acquisition and payment guidance

General reference, not evidence about a specific property. Read the relevant records and current law with a qualified professional.

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